Showing posts with label Mike Munger. Show all posts
Showing posts with label Mike Munger. Show all posts

Tuesday, April 16, 2013

Video: Why do we Trade or Exchange Things?

Voluntary trading or exchanging are ubiquitous activities for people, unfortunately many don't understand its essence and that's the reason why trading or exchanging has often been subjected to politics. 

In the following video from LearnLiberty.org, Duke University's Professor Mike Munger explains why people trade: (hat tip Professor Don Boudreaux)